PPRuNe Forums - View Single Post - IRS Consequences In The UAE
View Single Post
Old 2nd Jan 2009, 05:57
  #3 (permalink)  
boiler
 
Join Date: Feb 2002
Location: Somewhere nice and warm
Posts: 402
Likes: 0
Received 0 Likes on 0 Posts
If you have lived and worked outside the US for a year, your first $85,700 is tax free (it usually increases a bit every year). You need to fill out the Foreign Earned Income Exclusion form (#2555) and then deduct that amount in your 1040 form.
boiler is offline